The market for seed treatment is projected to record a CAGR of 10.6% from 2014 to 2019. The estimation is a result of regular research & development in the industry, with increase in application of seed treatment in different industries. Seed treatment chemicals dominate the market in terms of value and market awareness of new target crops such as alfalfa and canola.

The seed treatments market is broadly divided on the basis of application as fungicidal seed treatments, insecticidal seed treatments and other (crop enhancement) seed treatments, for this study. With a huge market potential and growing preference for seed treatment, the market is likely to witness considerable growth in the years to come. In 2013, corn acquired the largest share as a target crop; however, the market for soybean is projected to grow at the highest rate.

Factors such as cost, ease of application, innovative production practices, new product offerings, increased availability, and an advent of new pests are increasing the market for seed treatment industry, globally. Corn, soybean, and cereal crops are the major crops behind the current seed treatment market growth; however, there is a rising trend for the use of seed treatments on vegetables, rice, sugar beet, cotton, and oilseed crops. All the functions of seed treatment have been considered for this study and the market has been segmented and distributed based on the same. The growth rate may go higher in the next five years with regular investment in research & development, resulting in new products that have different applications.

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